Emergent raises $130M Series C

Emergent, an AI software creation platform, announced a $130 million Series C funding round on July 17, 2026, led by Creaegis with co-leads MNI Ventures - Claypond Capital and Sentinel Capital Partners, and participation from Khosla Ventures, SoftBank Vision Fund 2, Lightspeed, and Y Combinator. The round values Emergent at $1.5 billion, a fivefold increase in four months, making it a unicorn within a year of its public launch. The company has raised $230 million in total funding. Over 12 million applications have been built on Emergent, with 70% of users having no coding experience. The platform targets entrepreneurs and small businesses, enabling them to create production-ready software using autonomous AI agents. Emergent plans to use the funds to expand its platform and infrastructure globally.